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55-Key Exterior-Corridor Hotel
For Sale
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2227 N Fremont St, Monterey, CA 93940

Hospitality property with manager’s quarters and two leased commercial buildings on a multi-parcel site.

Property SizeContact for details
Lot Size1.50 Acres
Days on Market146

Property Features for 2227 N Fremont St

General Information

Standard status Active
Lot size 1.50 Acres
Property subtype Hospitality
Listing Agency: Western Hotel Brokers
Listed By: Deborah King · License #CA 00865269
Source: Crexi
Added: Apr 7 Changed: Aug 29 Last Checked: Aug 29 at 5:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Western Hotel Brokers

Investment Insights

Based on property information with market context.

Red Roof Inn & Suites Monterey is a 55-key exterior-corridor hotel with a 1,500-square-foot manager’s quarters. The property also includes two on-site retail/commercial buildings, which are 100% leased to four long-term tenants. Together, the hotel and ancillary buildings provide multiple operating components within one offering.

The asset occupies two parcels totaling over 1.5 acres at 2227 N Fremont St in Monterey. It is located 1 mile from Monterey Regional Airport and near the Monterey Bay Aquarium, Fisherman’s Wharf, Del Monte Beach, and Cannery Row. The property information indicates visitor traffic throughout the year. Management should not be disturbed; showings are available by appointment.

Key Highlights

  • 55‑key exterior‑corridor hotel
  • 1,500 SF manager’s quarters included
  • Two on‑site retail/commercial buildings

Property Analytics

Current Use

Red Roof Inn ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Daycare Center Veterinary Clinic Pet Grooming Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby

Demographics for 93940, CA

30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Hospitality property with manager’s quarters and two leased commercial buildings on a multi-parcel site.
Where is this hotel located?
The property is located at 2227 N Fremont St Monterey, CA.
What is the asking price?
The asking price for this property is $11,999,000.
What are key features of this property?
This property features: 55‑key exterior‑corridor hotel; 1,500 SF manager’s quarters included; Two on‑site retail/commercial buildings
(805) 452-2880 Call to check price and availability
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